Report Description

Press Release

Increasing population, rising disposable income and growing health consciousness to drive demand for concentrated milk in North America through 2022

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Concentrated milk is obtained
from skimming regular cow milk and its demand in North America has been growing
at a moderate pace over the past few years, owing to increasing use in food
processing and confectionary products. Moreover, rising disposable income,
changing consumer purchase pattern and growing health concerns among people are
further fueling demand for concentrated milk in the region. According to the
United Nations, total population of North America in 2016 stood at around 565
million, and this figure is expected to grow in the coming years, which is
further anticipated to propel demand for concentrated milk in the region through
2022. Furthermore, continuous innovations in product offerings and packaging,
growing health consciousness among consumers and increasing availability in
hypermarkets and supermarkets are expected to propel growth in North America
concentrated milk market over the course of next five years.

According to “North America Concentrated Milk Market By
Product Type, By End User, By Country, Competition Forecast and Opportunities,
2012 - 2022”, demand
for concentrated milk in North America is projected to
surpass $ 1.5 billion by 2022.
Condensed milk garnered the largest share in North America concentrated milk
market in 2016, and the segment is anticipated to continue dominating the
market through the forecast period as well. United States was the largest
regional market for concentrated milk in North America and this trend is also anticipated
to prevail, on account of high disposable income of consumers and high concentration
of leading industry players in the country. Few of the major companies
operating in North America concentrated milk market include Nestle USA, Eagle Family
Foods LLC, Dairy Farmers of America Inc., Santini Foods Inc., and O-AT-KA Milk
Products Cooperative Inc., among others. “North America Concentrated Milk Market By Product
Type, By End User, By Country, Competition Forecast and Opportunities, 2012 -
2022”discusses
the following aspects of concentrated milk market in North America:

To
gain an in-depth understanding of concentrated milk in North America

To
identify on-going trends and anticipated growth over the next five years

To
help industry consultants, concentrated milk manufacturers and other
stakeholders align their market-centric strategies

To
obtain research based business decisions and add weight to presentations
and marketing material

To
gain competitive knowledge of leading market players

To
avail 10% customization in the report without any extra charges and get
research data or trends added in the report as per the buyer’s specific
needs

Report Methodology

The information contained in this
report is based upon both primary and secondary research. Primary research
included interviews with concentrated milk manufacturers, distributors, dealers,
retailers and industry experts. Secondary research included an exhaustive
search of relevant publications like company annual reports, financial reports
and proprietary databases.